Which of the following will shift the aggregate demand curve to the left? a. The government reduces
Question:
Which of the following will shift the aggregate demand curve to the left?
a. The government reduces personal income taxes.
b. Interest rates rise.
c. The government raises corporate profit taxes.
d. There is an economic boom overseas that raises the incomes of foreign households.
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The correct answer is b Interest rates rise When inte...View the full answer
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Related Book For 
Macroeconomics
ISBN: 9781264112456
22nd Edition
Authors: Campbell McConnell, Stanley Brue, Sean Flynn
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